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Yen slides to weakest level against US dollar in four decades, and crypto traders should pay attention
The Japanese yen hit its weakest level since 1986 at ¥161.96 per dollar. Here's why the yen carry trade unwind could spark major Bitcoin volatility.
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theprint.in
Yen hits four-decade low in historic slide that’s rattled japan
The slump continues in the face of regime change at the Bank of Japan, which ended a negative-interest rate policy in 2024, raising expectations for a revival in the currency.
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straitstimes.com
Yen hits 40-year low in historic slide rattling Japan
The yen slid to 161.98 versus the US dollar in New York trading on June 29, breaching the 161.95 mark touched in July 2024. Read more at straitstimes.com. Read more at…
